American Century Companies Inc. Purchases 181,872 Shares of Horace Mann Educators Corporation $HMN

American Century Companies Inc. increased its holdings in shares of Horace Mann Educators Corporation (NYSE:HMN) by 33.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 732,010 shares of the insurance provider’s stock after acquiring an additional 181,872 shares during the quarter. American Century Companies Inc. owned about 1.80% of Horace Mann Educators worth $31,454,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its position in shares of Horace Mann Educators by 0.5% in the second quarter. Bank of New York Mellon Corp now owns 453,849 shares of the insurance provider’s stock valued at $19,502,000 after purchasing an additional 2,048 shares during the period. Northern Trust Corp increased its stake in shares of Horace Mann Educators by 0.5% during the first quarter. Northern Trust Corp now owns 453,155 shares of the insurance provider’s stock worth $19,363,000 after purchasing an additional 2,247 shares during the period. Bragg Financial Advisors Inc increased its stake in shares of Horace Mann Educators by 13.7% during the first quarter. Bragg Financial Advisors Inc now owns 450,709 shares of the insurance provider’s stock worth $19,259,000 after purchasing an additional 54,208 shares during the period. Bridgeway Capital Management LLC boosted its stake in Horace Mann Educators by 1.1% in the 1st quarter. Bridgeway Capital Management LLC now owns 316,926 shares of the insurance provider’s stock valued at $13,542,000 after purchasing an additional 3,548 shares during the period. Finally, Hennessy Advisors Inc. acquired a new position in Horace Mann Educators in the 2nd quarter valued at $10,377,000. 99.28% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

HMN has been the subject of a number of research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Horace Mann Educators in a report on Friday, October 31st. Wall Street Zen cut shares of Horace Mann Educators from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $46.75.

Horace Mann Educators Stock Down 0.6%

NYSE HMN opened at $45.78 on Friday. Horace Mann Educators Corporation has a fifty-two week low of $36.20 and a fifty-two week high of $48.33. The business has a fifty day moving average price of $45.12 and a two-hundred day moving average price of $44.04. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.09 and a quick ratio of 0.09. The stock has a market capitalization of $1.86 billion, a PE ratio of 13.54 and a beta of 0.21.

Horace Mann Educators (NYSE:HMN) last released its earnings results on Monday, April 3rd. The insurance provider reported $1.18 earnings per share for the quarter. Horace Mann Educators had a net margin of 8.49% and a return on equity of 14.23%. The firm had revenue of $330.60 million for the quarter. Equities analysts expect that Horace Mann Educators Corporation will post 3.87 earnings per share for the current fiscal year.

Horace Mann Educators Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.40 annualized dividend and a yield of 3.1%. Horace Mann Educators’s dividend payout ratio is 35.44%.

Insider Buying and Selling at Horace Mann Educators

In other news, Director Beverley J. Mcclure sold 1,082 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $45.40, for a total value of $49,122.80. Following the sale, the director owned 16,733 shares of the company’s stock, valued at $759,678.20. The trade was a 6.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Mark R. Desrochers sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $47.00, for a total transaction of $141,000.00. Following the completion of the transaction, the senior vice president directly owned 20,556 shares of the company’s stock, valued at approximately $966,132. This trade represents a 12.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 20,398 shares of company stock worth $923,398 over the last three months. Company insiders own 4.00% of the company’s stock.

About Horace Mann Educators

Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. The company operates through Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. Its Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; and provides auto coverages including liability and collision, and property coverage for homeowners and renters.